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J.M. Keynes and F.A. Hayek had different economic ideas even though both were subjectivists seriously engaged with issues of time and uncertainty in economics. The source of the difference between their economic ideas was the difference between their philosophical ideas. Keynes was a Cartesian...
Persistent link: https://www.econbiz.de/10005076652
culture, institutions and technology matter in the development of IPR protection policy even more than traditional variables …
Persistent link: https://www.econbiz.de/10005126044
account the educational, cultural and institutional context. The results suggest that education, culture and institutions …
Persistent link: https://www.econbiz.de/10005126057
Globalisation is likely adversely impact the traditional classes. It also threatens to destroy national market, from which stems the bargaining power of the traditional classes.In spite of this, the paper suggests that the response to globalisation in India has necessarily to be discordant. It...
Persistent link: https://www.econbiz.de/10005062670
Some economists have argued that the process of disintegration of the world economy between the two World Wars led to income divergence between the countries. This is in keeping with the view that economic integration leads to income convergence. The paper shows that the view that the period...
Persistent link: https://www.econbiz.de/10005076560
Using panel regression for the period 1970-2000 the paper analyzes whether globalization has influenced the OECD … endogeneity of the regressors, the results show that globalization (measured by an index covering 23 variables) did not generally … decrease the leeway for independent economic policy. Globalization even increased implicit tax rates on capital (as calculated …
Persistent link: https://www.econbiz.de/10005076616
With all the talk in Europe about “Islam” and “Muslim culture” it is surprising how little hard-core empirical evidence … exists on the compatibility of “Muslim culture” with positive patterns of political, social, and ecological development in …. Our three-fold empirical understanding of the process of globalization – reliance on foreign savings, MNC penetration and …
Persistent link: https://www.econbiz.de/10005125619
foreign clubs. This provides an example as how forces of efficiency but also inequality unleashed by globalization can be …
Persistent link: https://www.econbiz.de/10005125704
globalization. The paper extends recent research on the developmental effects of international financial integration, long …-term trends in capital mobility and “globalization in historical perspective”. Analyzing the patterns of international financial … a central element of 19th century financial globalization, but plays only a minor role today. The Lucas paradox of …
Persistent link: https://www.econbiz.de/10005125830
conclude that these findings have important implications for the current globalization debate: lacking jurisdictional …
Persistent link: https://www.econbiz.de/10005125839